B. & T. Hicks (transport) Limited in Newport, NP19 4PT

Description

Data updated on: 01-11-2023

B. & T. Hicks (transport) Limited could be reached at Langland Road, Reevesland Industrial Estate in Newport. Its post code is NP19 4PT. B. & T. Hicks (transport) has been operating on the British market for the last fifty one years. Its Companies House Reg No. is 01119401. The firm's principal business activity number is 49410 meaning Freight transport by road. B. & T. Hicks (transport) Ltd filed its latest accounts for the financial year up to Tuesday 31st January 2023. The latest confirmation statement was submitted on Tuesday 5th September 2023.

B & T Hicks (transport) Ltd is a medium-sized transport company with the licence number OD1105773. The firm has one transport operating centre in the country. In their subsidiary in Hereford on Rotherwas, 10 machines and 10 trailers are available.

Because of this particular enterprise's number of employees, it became vital to acquire additional executives, namely: Steven H., Richard H., Terence H. who have been working as a team for one year to fulfil their statutory duties for the following company. Additionally, the managing director's responsibilities are constantly backed by a secretary - Brian H..

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-01-31	2018-01-31	2019-01-31	2020-01-31	2021-01-31	2022-01-31	2023-01-31
Currency

Balance Sheet
Cash Bank On Hand	7 205	4 344	16 348	7 404	217 678	3 030	8 203
Current Assets	2 210 405	2 309 704	2 440 709	2 284 475	2 408 379	2 061 942	2 352 814
Debtors	2 189 306	2 284 921	2 402 315	2 257 411	2 165 546	2 032 837	2 326 531
Net Assets Liabilities	1 622 494	1 874 680	2 014 582	2 121 790	2 188 555	2 012 579	2 043 217
Other Debtors	265 092	258 896	297 518	25 696	128 960	112 262	98 444
Property Plant Equipment	3 324 197	3 735 934	4 334 550	4 413 005	4 808 329	5 307 363	5 431 938
Total Inventories	13 894	20 439	22 046	19 660	25 155	26 075

Other Financial Data
Audit Fees Expenses	4 000	4 000	5 150	4 095	4 095	4 500	7 000
Accrued Liabilities Deferred Income	30 000	60 312	132 415	47 544	128 862	103 322	169 925
Accumulated Depreciation Impairment Property Plant Equipment	3 917 433	4 162 211	4 418 615	4 854 349	5 286 792	5 739 806	6 130 940
Additions Other Than Through Business Combinations Property Plant Equipment		848 841	1 041 015	667 189	937 567	1 268 066	1 042 396
Administrative Expenses	1 045 574	1 082 623	1 202 871	949 238	1 171 894	1 314 923	1 445 639
Average Number Employees During Period	103	108	111	106	103	118	118
Bank Borrowings Overdrafts	97 262	51 866	179 493	116 800		101 765	10 039
Banking Arrangements Classified As Cash Cash Equivalents		-51 866	-179 493	-116 800		-101 765	-10 039
Bank Overdrafts	97 262	51 866	179 493	116 800		101 765	10 039
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	2 480 152	2 476 362	3 204 746	2 859 360	3 643 015	27 195	61 724
Cash Cash Equivalents Cash Flow Value	-90 057	-47 522	-163 145	-109 396	217 678	-98 735	-1 836
Cash Receipts From Repayment Other Loans Advances Classified As Investing Activities							-28 556
Corporation Tax Payable	6 834	69 819	14 316		1 503
Corporation Tax Recoverable				4 662
Cost Sales	7 272 981	7 754 584	8 727 116	9 540 593	8 750 230	10 223 320	12 044 267
Creditors	675 324	785 223	1 029 311	887 085	1 264 904	1 644 679	1 733 204
Current Tax For Period	6 834	69 819	14 316	1 503
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws			-40 331		51 677	176 075
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	31 070	-15 254	41 476	54 961	66 641	36 193	11 036
Depreciation Expense Property Plant Equipment	170 690	206 040	301 083	354 798	92 836	174 382
Depreciation Impairment Expense Property Plant Equipment		357 590	324 432	479 879	471 382	577 859	653 550
Dividends Paid	127 608	141 987	145 844	161 849	161 444	161 444	180 000
Dividends Paid Classified As Financing Activities	-127 608	-141 987	-145 844	-161 849	-161 444	-161 444	-180 000
Dividends Paid On Shares Final		141 987	145 844	161 849	161 444	161 444	180 000
Finance Lease Liabilities Present Value Total	675 324	785 223	1 029 311	887 085	1 087 498	1 508 846	1 637 371
Finance Lease Payments Owing Minimum Gross	1 339 629	1 404 296	1 678 750	1 560 002	1 970 299	2 236 133	2 524 505
Finished Goods Goods For Resale	13 894	20 439	22 046
Further Item Tax Increase Decrease Component Adjusting Items	-7 669	-15 254	1 144	-5 954		2 008	24 234
Future Minimum Lease Payments Under Non-cancellable Operating Leases		241 584	160 836	408 106	410 425	306 618	227 636
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables		-217 524	-129 606	104 671	-339 862	287 912	-174 951
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables		95 615	117 394	-149 566			322 250
Gain Loss In Cash Flows From Change In Inventories		6 545	1 607	-2 386	5 495	920	-7 995
Gain Loss On Disposals Property Plant Equipment	-90 936	312	-63 067	-38 105	-40 510	-56 782
Government Grant Income					201 263	143 376
Gross Profit Loss	1 366 848	1 644 347	1 645 510	1 421 060	1 258 754	1 281 928
Income Taxes Paid Refund Classified As Operating Activities	-41	-6 834	-69 819	-20 481	6 165	-1 503
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation		-42 536	115 623	-53 749	-327 074	316 413	-96 899
Increase From Depreciation Charge For Year Property Plant Equipment		357 590	324 432	479 879	471 382	577 859	653 550
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	38 710	39 440	51 373	53 650	25 836	31 325
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	67 890	74 205	113 473	92 651	86 090	85 910
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss			22 518
Interest Paid Classified As Operating Activities					-111 926	-117 235	-175 314
Interest Payable Similar Charges Finance Costs	106 600	113 645	164 846	146 301	111 926	117 235	175 314
Interest Received Classified As Investing Activities			-22 518			-380
Key Management Personnel Compensation Total		9 836	9 776	9 776	9 776	9 776	9 776
Net Cash Flows From Used In Financing Activities		102 996	-241 000	1 032 167
Net Cash Flows From Used In Investing Activities		769 014	963 597	-215 611
Net Cash Flows From Used In Operating Activities		-914 546	-606 974	-870 305	-1 286 154
Net Cash Generated From Operations		-1 035 025	-841 639	-1 037 087			-1 071 005
Net Current Assets Liabilities	-627 979	-692 885	-906 366	-964 878	-797 300	-880 267	-874 643
Net Finance Income Costs			22 518			380
Net Interest Paid Received Classified As Operating Activities	-106 600	-113 645	-164 846	-146 301	-111 926
Number Shares Issued Fully Paid		600
Operating Profit Loss	329 338	562 383	443 535	471 822	458 453	314 591
Other Creditors	76 372	169 790	268 208	233 933	111 341	170 729	209 487
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		112 812	68 028	44 145	38 939	124 845	262 416
Other Disposals Property Plant Equipment		192 327	185 995	153 000	109 800	316 018	526 687
Other Interest Income			22 518			380
Other Interest Receivable Similar Income Finance Income			22 518			380
Other Operating Income Format1	8 064	659	896		371 593	347 586	260 959
Other Remaining Borrowings	1 364 319	1 338 643	1 451 033	1 511 513	1 210 796	1 248 917	1 251 093
Other Taxation Social Security Payable	254 568	362 082	311 078	311 483	559 674	334 018	318 064
Par Value Share		1
Payments Finance Lease Liabilities Classified As Financing Activities	338 533	64 667	274 454			-880 151	288 372
Pension Other Post-employment Benefit Costs Other Pension Costs	26 177	25 386	43 571	71 765	76 093	86 861	98 191
Prepayments Accrued Income	100 093	118 658	120 151	127 876	103 580	106 491	124 331
Proceeds From Borrowings Classified As Financing Activities						-65 571
Proceeds From Sales Or Maturity Financial Assets Other Than Trading Investments	-61 479
Proceeds From Sales Property Plant Equipment	-82 428	-79 827	-54 900	-70 750	-30 351	-134 391	-104 500
Profit Loss	184 834	394 173	285 746	269 057	228 209	-14 532	210 638
Profit Loss On Ordinary Activities Before Tax	222 738	448 738	301 207	325 521	346 527	197 736	221 674
Property Plant Equipment Gross Cost	7 241 631	7 898 145	8 753 165	9 267 354	10 095 121	11 047 169	11 562 878
Provisions For Liabilities Balance Sheet Subtotal	398 400	383 146	384 291	439 252
Purchase Property Plant Equipment	-1 136 559	-848 841	-1 041 015			-122 081	-1 042 396
Raw Materials Consumables			22 046	19 660	25 155	26 075
Repayments Borrowings Classified As Financing Activities						-27 450	2 176
Social Security Costs	233 241	253 420	273 659	305 778	306 021	366 796
Staff Costs Employee Benefits Expense	2 988 760	3 144 043	3 451 846	3 787 321	3 755 636	4 260 774	4 635 701
Taxation Including Deferred Taxation Balance Sheet Subtotal	398 400	383 146	384 291	439 252	557 570	769 838	780 874
Tax Decrease From Utilisation Tax Losses			4 278
Tax Decrease Increase From Effect Revenue Exempt From Taxation							-1 010
Tax Expense Credit Applicable Tax Rate		85 978	57 229	61 849	65 840	37 570	42 118
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings					51 677	176 075
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	885	1 269	12 649	569	801	463	-611
Tax Increase Decrease From Other Short-term Timing Differences	140
Tax Tax Credit On Profit Or Loss On Ordinary Activities	37 904	54 565	15 461	56 464	118 318	212 268	11 036
Total Assets Less Current Liabilities	2 696 218	3 043 049	3 428 184	3 448 127	4 011 029	4 427 096	4 557 295
Total Borrowings	1 461 581	1 390 509	1 630 526	1 628 313	1 210 796	1 350 682	1 261 132
Total Deferred Tax Expense Credit		-15 254	1 145	54 961	118 318	212 268	11 036
Trade Creditors Trade Payables	344 724	331 004	341 093	355 163	488 108	392 004	477 548
Trade Debtors Trade Receivables	1 824 121	1 894 924	1 984 646	2 099 177	1 933 006	1 814 084	2 103 756
Turnover Revenue	8 639 829	9 398 931	10 372 626	10 961 653	10 173 406	11 505 248
Wages Salaries	2 729 342	2 865 237	3 134 616	3 409 778	3 373 522	3 807 117	4 105 544
Director Remuneration				8 602	9 776	9 776	9 776